M&A Deal Summary

Panasonic Acquires Zetes

On July 19, 2017, Panasonic acquired information technology company Zetes

Acquisition Highlights
  • This is Panasonic’s 2nd transaction in the Information Technology sector.
  • This is Panasonic’s 1st transaction in Belgium.

M&A Deal Summary
Date 2017-07-19
Target Zetes
Sector Information Technology
Buyer(s) Panasonic
Deal Type Add-on Acquisition

Target

Zetes

Brussels, Belgium
Zetes is a European system integrator and provider of supply chain, identification and mobility solutions and services. Zetes is headquartered in Brussels, Belgium and has a market leading position in goods and people identification and mobility solutions in Europe.

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Buyer(S) 1

Buyer

Panasonic

Kadoma, Japan
Category Company
Founded 1918
Sector Electronics
Employees229,183
Revenue 8.50T JPY (2024)
DESCRIPTION

Panasonic is a manufacturer of electronics. Panasonic manufactures and markets a wide range of products under the Panasonic brand to enhance and enrich lifestyles all around the globe. Panasonic was founded in 1918 and is based in Kadoma, Japan.

DEAL STATS #
Overall 14 of 19
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 12 of 16
Country (Belgium) 1 of 1
Year (2017) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-06 TeraDiode

Wilmington, Massachusetts, United States

TeraDiode, Inc. is a designer, developer and manufacturer of direct-diode lasers for cutting, welding, pumping and defense applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-23 Arimo

Mountain View, California, United States

Arimo, Inc. is a developer of an IoT-centric AI products for commercial and manufacturing applications, which are associated with Big Data and Deep Learning. Arimo is based in Mountain View, California.

Buy -
Mergr

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